City of Sacramento header
File #: 2020-01436    Version: 1 Name:
Type: Discussion Item Status: Agenda Ready
File created: 11/22/2020 In control: Aggie Square Enhanced Infrastructure Financing District Public Financing Authority
On agenda: 12/1/2020 Final action:
Title: Overview of the Aggie Square Project and Draft Infrastructure Financing Plan
Indexes: Report Submitted Late
Date Ver.Action ByActionResultAction DetailsMeeting DetailsVideo
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Title:
Title
Overview of the Aggie Square Project and Draft Infrastructure Financing Plan
End

FileID
File ID: 2020-01436
Location
Location: Stockton Boulevard at 2nd Avenue, District 5 and District 6

Recommendation:
Recommendation
Provide information and receive comments about the Aggie Square Project and the draft Aggie Square EIFD Infrastructure Financing Plan.

Contact: Leslie Fritzsche, (916) 808-5450, Economic Investment Manager; Office of Innovation and Economic Development, City Manager's Office; Eric Frederick, Program Specialist, (916) 808-5129; Sheri Smith, Special Districts Manager, (916) 808-7204, Department of Finance

Body
Presenter: Leslie Fritzsche, (916) 808-5450, Economic Investment Manager; Office of Innovation and Economic Development, City Manager's Office; Jamie Gomes, Economic Planning Systems, (916) 649-8100.

Attachments:
1-Description/Analysis
2-Schedule of Proceedings
3-Aggie Square Draft EIFD Infrastructure Financing Plan



Description/Analysis

Issue Detail: Located on the UC Davis Medical Center Campus, along the Stockton Boulevard corridor, the Aggie Square project is envisioned as an innovation hub for the Sacramento region, hosting Sacramento start-ups, growing local companies, bringing new companies and jobs to Sacramento and adding vitality to the Stockton Boulevard corridor.

Aggie Square will provide a state-of-the-art collaborative hub for research, innovation development, and education unlike anything currently located in the Sacramento Region. The project will couple the key elements of a successful innovation ecosystem including publicly and privately funded research, commercial office and lab space, convening space, housing, public spaces, with abundant opportunities for learning and growth. The project exemplifies best practices in innovation and inclusive economic development by leveraging the research strengths of UC Davis to create opportunities for academic, industry and community collaboration.

A...

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